Balas282
Education

USDINR - Lets Check the line than price waves

OANDA:USDINR   U.S. Dollar / Indian Rupee
If line B is not getting hit in 3 business days, then may be its not correct to be on long side.
if unnamed line getting hit in mentioned time, then may be its not correct to be on short side.
If line A is getting hit in mentioned time, then takes some time in retracing and check if it pass thru above the line A to be on long side.

Note the word: 'May be' (Probables)
PS: Not all lines are trendline here.
Comment: In elliot term , i could call last 2 daily bars as Minor Wave iv of Wave C ongoing. if its not going above 69.50 in upcoming daily bar. Line C should be high probable hit. Might take pause near in line C and will go near 66 as posted in prev ideas.

Note: If line B is getting but not in time, that would also favour Line C. Time matters most.
Comment: 03/25 starting 4th business day from post .
So Line B dint get hit yet. Waves are favouring more to hit Line C.

Note: Once Line C get hit, all trendlines drawn no more valid with day and bar mentioned over. will post new idea post that.
Comment: Towards Line c which is highest probability . Exactly turned from Line B.
Comment: if wave breach line B and moving towards Unnamed line. Then great short opportunity while it hit unnamed line.
Comment: Shorting opportunity with strict SL 69.90. Have a partial profit booking when it reaches 69.25
woah, something interesting and secret analysis :) Great work .
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Balas282 yogi_sharma_elliottician
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